Real Estate Prices and Overview
E 60th St / 1st Ave median real estate prices are $664,172, which is more expensive than 91.5% of the neighborhoods
in New York and 96.3% of the
neighborhoods in the U.S.
Average rental prices in E 60th St / 1st Ave are currently
$2,036, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.6%
of the neighborhoods in New York.
E 60th St / 1st Ave is a densely urban neighborhood (based on population
density) located in New York, New York. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
E 60th St / 1st Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes.
Most of the residential real estate is renter occupied. Many of
the residences in the E 60th St / 1st Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 10.5% in
E 60th St / 1st Ave. NeighborhoodScout analysis shows that this rate is lower
than 44.0% of the neighborhoods in the nation, approximately
near the middle range for vacancies.
Notable & Unique Neighborhood Characteristics
When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.
Notable & Unique: Real Estate
What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 96,289 people per square mile, it is more densely populated than 99.7% of America's neighborhoods. E 60th St / 1st Ave is a neighborhood that is on the ocean, a bay, or inlet.
Many times, such places have amenities that bring locals and visitors to the
waterfront for recreational activities or to check out the scenery.
In some densely populated areas that are less financially well-off, the neighborhood
waterfront can be relatively industrial and less open to recreation.
In addition, the real estate in the E 60th St / 1st Ave neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 98.1% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.7% of American neighborhoods.
Furthermore, the E 60th St / 1st Ave neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 88.6% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Notable & Unique: People
Of note is NeighborhoodScout's research finding that the
E 60th St / 1st Ave neighborhood has some of the lowest rates of children
living in poverty of any neighborhood in the United States. In a nation
where approximately 1 in 4 children are living in poverty, the
E 60th St / 1st Ave community truly stands out from the rest in this regard.
In addition, some neighborhoods have residents that are more educated than others. But
in this neighborhood there is a dramatic difference. NeighborhoodScout's
exclusive analysis reveals that 56.0% of the adults here have
earned a Masters degree, medical degree, Ph.D. or law degree. This is a
higher rate of people with a graduate degree than is found in
99.8% of U.S. neighborhoods, where the average American
neighborhood has 8.4% of its adults with a graduate degree. If you are
highly educated, you may have much in common with many of your neighbors here.
Also, if you're a regular supporter of the arts and enjoy outings to the
theatre, weekend boutique-ing, or even a finely aged wine with dinner,
than you're in good company with the people of the E 60th St / 1st Ave
neighborhood. This neighborhood is uniquely immersed with more "urban
sophisticates" than 97.3% of neighborhoods across the
country. The people here truly stand out as a class among their own.
They are an exclusive community characterized by refined tastes,
cultural inclinations, and the means to live well. Urban sophisticates
live a big city lifestyle, whether or not they live in or near a big
city. They are educated executives or managers by week, and serial
patrons of the arts by weekend. If this lifestyle pertains to you,
than you'll certainly feel right at home in the E 60th St / 1st Ave
In addition to being an excellent choice for urban sophisticates, this
neighborhood is also a very good choice for young, single professionals.
Finally, one of the most interesting things about the E 60th St / 1st Ave
neighborhood is that it has a greater concentration of residents who live
alone than most all neighborhoods in America. With 46.0% of the
households here made up of people living alone, NeighborhoodScout's research
reveals that this is a larger proportion of people living alone than in
96.0% of the neighborhoods in America.
Notable & Unique: Occupations
Executives, managers and professionals make up 83.1% of the workforce
in the E 60th St / 1st Ave neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 99.9% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
Notable & Unique: Modes of Transportation
More people in E 60th St / 1st Ave choose to walk to work each day
(54.4%) than almost any neighborhood in America. If you are
attracted to the idea of being able to walk to work, this neighborhood
could be a good choice.
Also, if you like to ride the train to work, this neighborhood may be for you.
NeighborhoodScout's research revealed that 23.4% of the
E 60th St / 1st Ave neighborhood's commuters ride the train to and from work each
day, which is more than we found in 96.9% of America's
Notable & Unique: Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans
due to the shape of our neighborhoods and the distances between where we
live, work, shop, and go to school, but we also fancy them. As a result,
most households in America have one, two, or three cars. But NeighborhoodScout's
exclusive analysis shows that the E 60th St / 1st Ave neighborhood has
a highly unusual pattern of car ownership.
70.3% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
99.6% of U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the E 60th St / 1st Ave neighborhood has more
Austrian and Canadian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.8% of
this neighborhood's residents have Austrian ancestry and 1.8% have Canadian ancestry.
E 60th St / 1st Ave is also pretty special linguistically. Significantly, 5.9% of its residents five years old and above primarily
speak Hebrew at home. While this may seem like a small percentage, it is higher
than 99.8% of the neighborhoods in America.
The Neighbors: Income
There are two complementary measures for understanding the income of a
neighborhood's residents: the average and the extremes. While a neighborhood
may be relatively wealthy overall, it is equally important to understand
the rate of people - particularly children - who are living at or below the
federal poverty line, which is extremely low income. Some neighborhoods with
a lower average income may actually have a lower childhood poverty rate than
another with a higher average income, and this helps us understand the
conditions and character of a neighborhood.
The neighbors in the E 60th St / 1st Ave neighborhood in New York are wealthy, making it among the 15% highest income neighborhoods in America.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 93.1% of the neighborhoods in America.
In addition, 0.0% of the children seventeen and under
living in this neighborhood are living below the federal poverty line, which
is a lower rate of childhood poverty than is found in 99.9%
of America's neighborhoods.
The Neighbors: Occupations
The old saying "you are what you eat" is true. But it is also true that you
are what you do for a living. The types of occupations your neighbors have
shape their character, and together as a group, their collective occupations
shape the culture of a place.
In the E 60th St / 1st Ave neighborhood, 83.1%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
sales and service jobs, from major sales accounts, to working in fast food restaurants, with 10.0% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
The Neighbors: Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves,
Los Angeles' Persian neighborhoods. Each has its own culture derived primarily
from the ancestries and culture of the residents who call these neighborhoods
home. Likewise, each neighborhood in America has its own culture – some more
unique than others – based on lifestyle, occupations, the types of households
– and importantly – on the ethnicities and ancestries of the people who live
in the neighborhood. Understanding where people came from, who their grandparents
or great-grandparents were, can help you understand how a neighborhood is today.
In the E 60th St / 1st Ave neighborhood in New York, NY, residents
most commonly identify their ethnicity or ancestry as Asian
(17.9%). There are also a number of people of Italian ancestry (7.5%) , and residents who report Irish roots (6.5%) , and some of the residents are also of German ancestry (6.3%) , along with some Russian ancestry residents (5.6%), among others. In addition, 32.6% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The languages spoken by people in this neighborhood are diverse. These are
tabulated as the languages people preferentially speak when they are
at home with their families.
The most common language spoken in the E 60th St / 1st Ave
neighborhood is English, spoken by 69.2% of households. Other important languages spoken here include Hebrew, Chinese, Spanish and Japanese.
Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your
place of work. Some neighborhoods are located where many can get to work in
just a few minutes, while others are located such that most residents have a
long and arduous commute.
The greatest number of commuters in E 60th St / 1st Ave neighborhood spend
under 15 minutes commuting one-way to work (42.0% of working
residents), one of the shortest commutes across America.
Here most residents (54.4%) hop out the door and walk to work to get to work.
In addition, quite a number also take the train to get to work (23.4%) and 8.2% of residents also ride the bus for their daily commute. This is a special neighborhood for the number of people who walk to work.
Combining exercise, low cost, and reduced pollution, plus the chance to
see your neighbors, walking to work is fairly uncommon in America but likely
to increase as people try to reduce their dependence on automobiles, and
this neighborhood offers that opportunity today.